89 Goodwin Drive Unit 5, Barrie

Price: $399,000

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: S13064740

3 Minutes to GO STATION! AN EXCELLENT OPPORTUNITY FOR FIRST-TIME BUYERS, DOWNSIZERS, OR INVESTORS. WALKABLE CONVENIENCE AND EASY COMMUTING. Meticulously maintained and move-ready. bright corner-unit condo "townhouse Styled" offers the perfect blend of style, comfort, and convenience. Located in a quiet, low-rise, family-friendly development, this turn-key 1-bedroom home is flooded with natural light thanks to its corner exposure and large windows. The open-concept features laminate flooring, a spacious living area, and a modern eat-in kitchen complete with backsplash, upgraded pot lights, and all appliances included-ideal for everyday living and entertainment. The kitchen was tastefully updated. The generously sized bedroom offers excellent views and is equipped with a high-efficiency heating and cooling system for year-round comfort. Equipped With A full 4-piecebathroom. Additional features include a dedicated utility room, in-suite laundry, one parking space, and professional painting completed prior to listing. Enjoy low condo fees, low utility costs, and truly maintenance-free living with no snow removal or grass cutting. The development is kid-friendly and includes its own playground, with convenient mobility access and parking close to the unit. Ideally situated just minutes from Barrie South GO Station, Mapleview Shopping Area, top-rated schools, grocery stores, restaurants, and major amenities.

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$399,000 - 89 Goodwin Drive Unit 5, Barrie

Condo for Sale in Barrie

44 days on market
1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
S13064740
Property Type
Condo
Status
active
Days on Site
44
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Barrie
Locker
None
Exposure
West
Balcony
None
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

3 Minutes to GO STATION! AN EXCELLENT OPPORTUNITY FOR FIRST-TIME BUYERS, DOWNSIZERS, OR INVESTORS. WALKABLE CONVENIENCE AND EASY COMMUTING. Meticulously maintained and move-ready. bright corner-unit condo "townhouse Styled" offers the perfect blend of style, comfort, and convenience. Located in a quiet, low-rise, family-friendly development, this turn-key 1-bedroom home is flooded with natural light thanks to its corner exposure and large windows. The open-concept features laminate flooring, a spacious living area, and a modern eat-in kitchen complete with backsplash, upgraded pot lights, and all appliances included-ideal for everyday living and entertainment. The kitchen was tastefully updated. The generously sized bedroom offers excellent views and is equipped with a high-efficiency heating and cooling system for year-round comfort. Equipped With A full 4-piecebathroom. Additional features include a dedicated utility room, in-suite laundry, one parking space, and professional painting completed prior to listing. Enjoy low condo fees, low utility costs, and truly maintenance-free living with no snow removal or grass cutting. The development is kid-friendly and includes its own playground, with convenient mobility access and parking close to the unit. Ideally situated just minutes from Barrie South GO Station, Mapleview Shopping Area, top-rated schools, grocery stores, restaurants, and major amenities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,047.08/mo

Includes CMHC insurance ($11,132)

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5-yr fixed avg.

Principal: $359,100Interest: $243,891
Mortgage Amount$370,232
Total Interest$243,891
Est. Property Tax$283/mo
Total Cost$614,123

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Barrie

Discover Barrie

Barrie is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Barrie

  • Convenient location in Barrie
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Barrie offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

89 Goodwin Drive Unit 5, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$1,109

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $798/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 44 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 500 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    89 Goodwin Drive Unit 5, Barrie — $399,000 | Battaglia Team